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Chongqing Iron & Steel Co Ltd completes assets acquisition


Wednesday, 27 Nov 2013 07:00pm EST 

Chongqing Iron & Steel Co Ltd:Says completed the acquisition of steel production assets and auxiliary facilities located in Changshou District, Chongqing from Chongqing Iron & Steel (Group) Co., Ltd. with a transaction price of 16,936,957,200 yuan in total.Says issued 1,996,181,600 A common shares at 3.14 yuan per share for the assets acquisition.